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Marijuana to be decriminalized? House reintroduces bill; what investors need to know – Luis Merchan

The Cannabis Chance Reinvestment as well as Expungement Act of 2021, or EVEN MORE Act, was recently reestablished by House Judiciary Committee Chairman Jerry Nadler, D-N.Y.

The Act aims to decriminalize cannabis usage, along with remove marijuana from the listing of illegal drugs.

Luis Merchan, Chief Executive Officer of Plants Development, talks about with David Lin, anchor for Kitco Information, the effect to the marijuana industry should this expense pass.

0:00 – EVEN MORE Act
4:11 – Cannabis company versions
8:40 – Legislating marijuana and influence on sector
10:06 – Vegetation Growth
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